	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£5,484	£5,566	£5,705	£5,848	£6,023	£28,627
Total Expenses	£6,020	£6,074	£6,131	£6,189	£6,249	£30,664
Profit Before Tax	£-536	£-508	£-426	£-341	£-226	£-2,037
Profit After Tax	£-536	£-508	£-426	£-341	£-226	£-2,037
Change In Property Value	£2,188	£2,242	£4,137	£5,284	£6,081	£19,931
Net Return	£1,652	£1,734	£3,711	£4,943	£5,855	£17,895
Return From Rental Income (%)	-2%	-2%	-2%	-1%	-1%	-7%
Total Net Return (%)	6%	6%	14%	18%	21%	66%